MINNEAPOLIS (AP) _ Xcel Energy Inc. (XEL) on Thursday reported third-quarter earnings of $603 million.

On a per-share basis, the Minneapolis-based company said it had net income of $1.14.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The utility posted revenue of $3.18 billion in the period.

Xcel expects full-year earnings to be $2.75 to $2.81 per share.

Xcel shares have risen 11% since the beginning of the year, while the Standard & Poor's 500 index has risen 1%. The stock has risen 13% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XEL at https://www.zacks.com/ap/XEL

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